XPENG (NYSE: XPEV and HKEX: 9868) is a leading electric vehicle company headquartered in Guangzhou, China, with offices in the USA and Europe. The company is committed to driving the transformation of smart EVs through cutting-edge technology and shaping the future of mobility. To enhance the driving experience for its customers, XPENG develops a wide range of proprietary technologies, including advanced driver assistance systems, intelligent in-car operating systems, and core vehicle components such as the powertrain and electrical/electronic architecture. Among others, the Volkswagen Group holds a 5% stake in XPENG (valued at €700 million) as part of a strategic partnership to jointly develop electric vehicles under the VW brand for the Chinese market.
For more information about the XPENG brand: www.xpeng.com